English Edition

Impact Of IEA Stock Release Still Not Fully Felt

Πεμ, 21 Ιουλίου 2011 - 17:59

The full impact of the International Energy Agency's move to release 60 million barrels of crude oil and products onto the market may not yet have been felt and could still pull futures prices lower in the coming months, analysts told Dow Jones Newswires Thursday.

China Connects Experimental Fast Nuclear Reactor To Grid

Πεμ, 21 Ιουλίου 2011 - 17:59

China connected its experimental fast nuclear power reactor to the grid and generated electricity Thursday, the state-controlled Xinhua news agency reported.

China Submersible Makes First Dive To Below 4,000 Meters

Πεμ, 21 Ιουλίου 2011 - 17:59

A manned Chinese submersible conducted its first dive to beyond 4,000 meters on Thursday, the government said, in the latest milestone for the country's deep-sea ambitions.

A2A Official: Deadline With EdF Over Edison May Be Postponed

Πεμ, 21 Ιουλίου 2011 - 17:58

A2A SpA (A2A.MI) and Electricite de France SA's (EDF.FR) September deadline to reach an agreement on their joint control of Edison SpA (EDN.MI) may be postponed, a top official at the Italian municipal utility said Thursday.

Total, Novatek Get Tax Break For Yamal LNG Project

Πεμ, 21 Ιουλίου 2011 - 17:58

French energy giant Total SA (TOT) and Russian gas producer OAO Novatek (NVTK.RS) will pay no mineral extraction tax for their Yamal LNG project in Northern Russia, the Interfax news agency reports Thursday citing Deputy Prime Minister Igor Sechin.

Bahrain To Start Soon Deep Drilling For Natural Gas

Πεμ, 21 Ιουλίου 2011 - 17:57

Bahrain plans to shortly start drilling deeper in the Bahrain Field as it seeks to discover additional quantities of natural gas there, state-run Kuwait News Agency, or Kuna, reports Thursday citing Bahraini Energy Minister Abdul Hussain Mirza.

Turkmenistan Starts Selling Gas to China

Πεμ, 21 Ιουλίου 2011 - 16:22

Turkmenistan has started to sell gas to China through the world’s longest natural gas pipeline as it continues to develop an international export market for its vast energy reserves.

Globe Gas Company To Dig Exploratory Well Offshore Israel

Τετ, 20 Ιουλίου 2011 - 17:28

Globe Exploration Ltd. Partnership (GLEXL.TV) said Wednesday that it will drill a second exploratory well in a natural gas field off Israel's central coast.

North Korea Downpours Hit Mining, Power Supplies

Τετ, 20 Ιουλίου 2011 - 17:28

Heavy rain which pounded North Korea last week seriously damaged coal mines, power production and railway lines, the state news agency said Wednesday, in its second such report in three days.

Russia's Gazprom In Initial Pact To Supply 2.5 Mln Tons/Year Gas To Indian Oil

Τετ, 20 Ιουλίου 2011 - 17:27

Russian energy giant OAO Gazprom (GAZP.RS) Wednesday said its unit has signed an initial pact to supply up to 2.5 million tons of liquefied natural gas a year to Indian Oil Corp. Ltd. (530965.BY).

Japan Government Extends Power Saving To West Of Country

Τετ, 20 Ιουλίου 2011 - 17:27

The Japanese government has for the first time called on households and businesses in western Japan to cut back on electricity usage, as fears grow over the adverse impact on the economy of the nation's spreading power crunch.

China June Diesel Imports At 340,000 Tons -CCS

Τετ, 20 Ιουλίου 2011 - 17:26

China imported 340,000 metric tons of diesel in June and exported 200,000 tons of the fuel, according to data published Wednesday by the Hong Kong-based China Customs Statistics Information Centre.

Lukoil Takes 70% Stake In Sierra Leone Offshore Block

Τετ, 20 Ιουλίου 2011 - 17:26

Russian oil major OAO Lukoil Holdings (LKOH.RS) has acquired a 70% stake in the SL-5-11 block off the coast of Sierra Leone in West Africa from Oranto Petroleum Ltd., the company said Wednesday.